Trader and author of The Big Picture blog, Barry Ritholtz asked recently, "Here’s an interesting question: Are videos like this one more likely nearer to tops or bottoms?" He was refering to "Sooner or Later," what he called "video of the year" by a group calle ... Read more
"Because markets do have moods." --George Soros, testifying before Henry Waxman's committee on the importance of adjusting margin requirements to counter market tendencies during bubbles, which were inevitable in his opinion. November 13, 2008 George Soros was among a ... Read more
With the outgoing administration finally able to utter the phrase "recession", we have another crucial element in the sort of capitulation that we'll need before we see a rebound in mood. As in all recoveries, the first step of the process lies in admitting there is a problem.  ... Read more
› David Penn
David Penn is Editor in Chief of TradingMarkets.com and a contributor to TheMoneyblogs.com